[jdhall1]

So far this year, 57 single family homes under $500,000 have closed this year with the average list price of the sold homes being $402,671 and the average sale price of $388,196.

From Jan 1,2006 to today of last year, 66 single family homes under $500,000 closed. The average list price of the sold homes was $406,875 and the actual average sale price of $393,419.

So the average sale price has declined 1.5% but the volume is down about 13.5%. My clients are still looking to buy since the average rent for a $400,000 sale home would be about $2000, with totals about $24,000 a year which is a lot of money to waste anyway. Buyers are being more selective.

[JoJoCamp]

Would love some feedback as to life in Brookfield. We are coming from Westchester (Larchmont), and prior to that I was from Manhattan (husband from New Milford). Now he is working in Bethel, and wants to live nearby. Newtown is a consideration, as was Southbury. On 1 salary now, we are middle income at best!

[jdhall1]

The taxes are a little bit better in Brookfield compared to Newtown because you have more businesses & stores to take some of the burden off of residents. The thing about Brookfield is there is are single family homes starting around $250,000 up to $2.4 million, and condos starting from $185,000 up to $629,000.